Chapter 172 My name is Zhou Dongsheng
"Tuihaohuo" adopts the "self-operated model" of purchasing goods and shipping them by itself. It is also Huang Zheng's attempt and application of the concept of e-commerce group buying.
It is precisely because of the practice and success of the "promoting good products" model that the Pinxixi platform was further born. No matter how controversial Pinxixi will be in the future, the company's commercial success cannot be questioned.
After all, being able to forge a path between two major e-commerce giants and grow into a young giant with a market value of hundreds of billions of US dollars in just five years is enough to shock anyone.
The "Push Good Goods" model was actually incubated by another company under Huang Zheng. However, Xunmeng Technology absorbed the success of the group-buying model and incubated it into the e-commerce platform Pinxixi.
However, this does not hinder Dongsheng Investment's intention to invest in Xunmeng Technology. Anyway, Tuihaohuo and Pinxixi will be officially merged in the future, so it is better to get on board first. At the very least, it can get a ticket for priority investment in Pinxixi in the future.
Lu Sifang and Huang Zheng talked freely, discussing their views and opinions on the e-commerce industry, while Zhou Dongsheng just watched from the sidelines.
Although Lu Sifang is a veteran in the investment industry, he still cannot break away from his inherent thinking when it comes to the e-commerce field. In Lu Sifang's view, the two major challenges in the e-commerce field cannot be avoided.
We can only use the "Yugong moving mountains" mentality to praise Huang Zheng's "promoting good products" model. This is also a clever way of saying it, but it obviously does not touch Huang Zheng's heart.
Even if one has done enough homework, people's hearts are hidden, and perhaps no one except Zhou Dongsheng can understand the true potential of this model.
Zhou Dongsheng even felt that Huang Zheng’s current confidence in this project might not be as strong as his own!
After all, the road is made step by step. Without practical proof, how can we accumulate confidence in success?
"Mr. Lu's insights are very unique, but our company is currently developing well and we have no intention of raising funds for the time being. I hope you can understand. If there is an opportunity for cooperation in the future, I will definitely contact Dongsheng Investment."
After a conversation, Huang Zheng said with a hint of apology.
"Oh? I think Mr. Huang has no reason to refuse such an investment, especially when your company is preparing for a tough battle. Funds are ammunition, so naturally the more the better."
The experienced Lu Sifang was not frightened by Huang Zheng's sudden rejection, and instead appealed to his emotions and reason.
"Both Leqi.com and Xunmeng Technology's games provide sufficient cash flow for our project. Mr. Lu can rest assured. If there is a need for funds, I will definitely not refuse Mr. Lu's kindness."
Lu Sifang was a little anxious. After all, the boss was personally supervising the battle. If he failed in the first battle, wouldn't that prove that he was a waste?
I didn't expect that although Huang Zheng seemed easy to talk to, he was like frying stones in a pot, and the other party didn't listen at all!
Zhou Dongsheng had anticipated this result. It was not because Lu Sifang was incompetent, but because Huang Zheng was too confident.
After all, Huang Zheng’s network of contacts includes not only the pig farm owner Ding Sanshi, but also his life mentor Duan Yongping, so funding is not a problem for him.
"Mr. Huang, man is made of iron and food is made of steel. It's already time for dinner. Why don't we have a meal together and continue chatting?" Zhou Dongsheng spoke abruptly.
Huang Zheng looked at Zhou Dongsheng in surprise, who was overstepping his authority, while Lu Sifang had no reaction to this act of insubordination. Huang Zheng thought for a moment and couldn't help but smile.
"It seems that I am short-sighted and failed to recognize the great man. But this is not entirely my fault. This face is younger than the college student who is doing internship in my company."
"It's my fault for being so presumptuous. Let me introduce myself. My name is Zhou Dongsheng, the boss of Dongsheng Investment. It was my idea to invest in Mr. Huang, and Mr. Lu was just executing it on his behalf."
"We are just starting out at Dongsheng Investment, and this is our first project. Mr. Lu and I are still in the process of getting to know each other, and he didn't understand what I meant. Rather than wanting to invest in 'Dream Search Technology', it's more like he wanted to invest in Mr. Huang as a person."
Zhou Dongsheng took over the right to speak, spoke with ease, and started his own way of fooling people.
"As the saying goes, where there is a will there is a way. Although we have learned this principle in elementary school, many people may not be able to understand it in their lifetime. Although everyone thinks that the e-commerce field is saturated and it is already a stage where nothing can be done."
"If the domestic Internet remains unchanged, then this idea is not wrong, but!"
Zhou Dongsheng paused here deliberately. His words also aroused Huang Zheng's interest, and he pretended to listen attentively.
He also wanted to hear what Zhou Dongsheng had to say. If he couldn't convince him, his answer would remain unchanged.
"However, the emergence of mobile Internet has made this impossible possible. Especially with the gradual implementation of 4G infrastructure and the continuous decline in smartphone prices, a huge sinking market will be created!"
"And this sinking market is the key to breaking the deadlock. Traditional e-commerce companies such as Ali Jingdong claim to have a mature user group of 600 million, but our country has a population of more than 1.4 billion to 1.3 billion, which means that more than half of the users are still not included in the e-commerce sector."
Zhou Dongsheng almost let the cat out of the bag, but the future population of 1.4 billion is a matter of time, so it is not a big deal.
"When 4G base stations are popularized in every village, the era of having a smartphone in everyone's hands is not far away. Now Alibaba and Tenda are focusing on the development of mobile payment. With the popularization of these three conditions, online payment is becoming more and more convenient. This huge sinking market will have unlimited possibilities when it is connected to the Internet through mobile terminals."
Zhou Dongsheng's words quietly outlined a fascinating blueprint for the future of the Internet. Even Huang Zheng's eyes showed surprise, and he looked at the young man in front of him with a little approval.
Perhaps it is precisely because of youth that one can notice possibilities that ordinary people cannot notice, and this possibility does cater to some of Huang Zheng’s ideas.
"Although there is great potential in the mobile end, traditional e-commerce giants will not sit idly by. Relying on the giant effect, mobile e-commerce is still the private domain of giants, just like Tenda, which still firmly grasps the cornerstone of social networking by relying on its prestige..."
Huang Zheng took over the conversation and calmly elaborated on his thoughts, "Even if there is a slight possibility, why do you think I can change this situation? I'm curious where your confidence comes from."
Zhou Dongsheng continued to deceive people calmly, this time targeting Huang Zheng.
"Because Mr. Huang is so tenacious, he left an international company like Google in 2007, which had great potential, and after selling his options to cash out, he plunged into the e-commerce field, starting with mobile e-commerce, then e-commerce agency operations, and now the game company."
"He has suffered losses, but he has also made a lot of money. It is not an exaggeration to conservatively estimate that his net worth is over 100 million. In a sense, Mr. Huang has achieved enviable success."
"But Mr. Huang's ambition is not limited to money. Otherwise, why not just focus on making money by making games? Why bother to enter the e-commerce field for the third time?"
"From an investor's perspective, all projects are risky and must be stopped when necessary. However, people are different. Talents like Mr. Huang are the rarest bargaining chips in the investment market."
"And this persistence in the field of e-commerce and the spirit of never giving up are precisely the essential elements for anyone who can achieve success."
Huang Zheng was somewhat unmoved after Zhou Dongsheng's flattery. After all, he was just a young man. Did he really think that he could be moved by Zhou Dongsheng's flattery?
That would be too much of an insult to me, Huang Zheng.
(End of this chapter)